Multifamily For Sale
1241 Ne 16th Ter, Fort Lauderdale, FL 33304

$2,000,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:F10472248
  • Virtual Tour: YES
  • List Price: $2,000,000
  • Year Built:1969
  • Listing Date:November 18, 2024
  • Days On Market:3
  • Total Units:2

Description


This remarkable multifamily property offers a blend of impeccable location and income-generating potential in the center of Fort Lauderdale. It offers 7 conforming units with an additional non-conforming unit. The versatile layout includes 3 studio apartments, 3 1-bedroom/1-bath units, and a spacious 3-bedroom/2-bath residence, accommodating everyone seeking ample living space. This fully-leased multifamily asset stands as a premier income-generating opportunity, anchored by a solid base of long-term, quality tenants. Beyond stable rental income, the property also benefits from an additional passive revenue stream through its on-site, coin-operated laundry facility, offering investors a consistent boost to overall cash flow.

Features


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Location


Price History


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker